current account deficit

The World Bank and IMF have offered cautious optimism about Pakistan’s economic recovery, with growth projections for FY2025 hovering around 2.6–2.7%. Stabilisation efforts are showing results, but structural reforms and …

KARACHI/ISLAMABAD: Jameel Ahmad, the Governor of the State Bank of Pakistan (SBP), noted a significant drop in the current account deficit from 4.8% to 0.8% during the initial four months …

In October 2023, the current account deficit experienced a significant widening, increasing by 60.87% MoM to reach $74 million, compared to the $46 million deficit reported in September 2023, according …

Deficit ISLAMABAD: In September, Pakistan’s current account deficit shrank to a mere $8 million, marking a remarkable 98% reduction from the previous year. This development was attributed to increased remittances …

SBP reports a massive decline ISLAMABAD: The State Bank of Pakistan today reported a massive decline in the current account deficit in the fiscal year 2022-23. It is an outcome …

Current account deficit dips to bottom, $74 million in Feb-2023 ISLAMABAD: The current account deficit of Pakistan has dipped to the bottom _ $74 million only in the month of Feb …

ISLAMABAD: Government rolled out initial measures following the opening day of ‘make-or-break talks’ with the International Monet­ary Fund (IMF). While technical discussions on expenditure cuts and revenue measures would follow …

According to the IMF, the fund has approved loans of $4.7 billion to Bangladesh with immediate disbursement.

In the month of September 2022, the current account deficit has decreased to 3 million as against 700 million in the preceding month.

The State Bank of Pakistan (SBP) reported late on Wednesday night that Pakistan’s current account deficit (CAD) decreased to $0.7 billion in August from $1.2 billion the previous month. This …